Samvat 2075 opens on a strong note; Sensex soars 245 points

Thursday, November 08, 2018

By Dominic Rebello

Best Mahurat gain in 10 years

Leading bourse BSE yesterday rose 245.77 points or 0.70% to end at 35,238 points level at the Mahurat trading session to mark the beginning of Samvat 2075, which begins in Diwali 2018 and ends in Diwali 2019.

At BSE enthusiastic traders dressed in traditional attire placed orders at the opening session of Samvat 2075. Benchmark indices soared to their best Mahurat session in the last ten years. The Nifty 50 index rose 68 points or 0.65% to close at 10,598 levels.

All the sectoral indices were in the green, led by oil and gas, FMCG, IT and Teck.

Globally, Wall Street stock futures rose Wednesday after Democrats won control of the US House of Representatives, boosting the party's ability to block President Donald Trump's political and economic agenda.

In the Asian region, Hong Kong's Hang Seng rose 0.10%, while Taiwan was up 0.85%. Japan's Nikkei, however, shed 0.28%.

Aries (Mar 21 - Apr 20)You are likely to remain careful and watchful today, foretells Ganesha. And because you'll be invited to parties and other social events, your enthusiasm will remain buoyant. You will also strike the right balance between business and pleasure, says Ganesha.